2023 GMD to MNT Historical Review

YEARLY HIGH

59.3423 MNT

YEARLY LOW

51.1680 MNT

YEARLY AVERAGE

55.6857 MNT

2023 GMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 59.3423. Conversely, the yearly low was recorded on December 16, dropping to 51.1680.

This high-to-low spread represents a total annual volatility of 8.1744 MNT. From a start-to-finish perspective, comparing the January average rate of 54.9295 to the December average rate of 51.2232, the exchange rate registered a net change of -6.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.3423 was down 0.65% compared to the 2022 peak of 59.7317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 296,712 MNT

2022 Average 282,032 MNT

Yearly Trough Low 255,840 MNT

Transaction Impact: A difference of 40,871.81 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.9561

50.4293

JanuMarcMayJulySeptNove

GMD to MNT Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 56.8648, compared to 54.5066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3583 points.

H1 Avg (Jan–Jun) 56.8648

H2 Avg (Jul–Dec) 54.5066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.0358 MNT (High: 57.0720 / Low: 53.0361). On the other end, December was the most stable month, with a tight range of 0.3323 MNT (High: 51.5002 / Low: 51.1680).

September Spread (Volatile) ±4.0358

December Spread (Stable) ±0.3323

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.2751 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.2751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 59.1622) against the same month in 2022 (average: 57.6348), the exchange rate shifted by +1.5275 (+2.65%).

2023 Avg (June) 59.1622

2022 Avg (June) 57.6348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.7153	54.5333	54.9295
February	55.8519	55.3079	55.7613
March	56.6211	54.8008	55.5595
April	58.6989	56.4848	56.9051
May	59.0932	58.4551	58.8715
June	59.3423	59.0040	59.1622
July	59.0932	57.5000	58.8519
August	57.1429	56.6968	56.9460
September	57.0720	53.0361	55.8561
October	53.5922	52.2727	52.5810
November	53.0361	51.2440	51.5814
December	51.5002	51.1680	51.2232